Moderately bullish activity in Plug Power (PLUG), with shares up 2c, or 1.01%, near $2.00. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.23. Implied volatility (IV30) dropped 6.35 near 105.56,and below the 52wk median, suggesting an expected daily move of $0.13. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Plug Power: Strategic Positioning and Growth Potential Drive Buy Rating
- Plug Power Completes $431.25M Convertible Notes Offering
- Plug Power to ask holders to increase authorized common stock to 3B from 1.5B
- Plug Power says current business plan ‘fully funded’ following financing
- Midday Fly By: Nvidia reports Q3 beat, Abbott buys Exact Sciences